Akridge announced today a fully executed lease agreement with ITC Holdings at The Homer Building, majority owned by Mitsui Fudosan America. ITC Holdings, a firm dedicated to improving power quality for consumers throughout the United States and enhancing power reliability, will lease space on the seventh floor of the building for five years. This lease illustrates how The Homer Building's central location, unparalleled amenities, and preeminent status continue to appeal to industry leading firms looking to grow their presence in Washington, D.C.
This transaction follows a seven year, 35,000 square foot lease extension executed with Brown Rudnick LLP, an eight year, 6,500 square foot lease renewal with Banana Republic, and a new five year lease executed with a confidential publically traded corporate Client. All four clients cite The Homer Building's superior location, trophy quality and first class amenities as reasons they decided to commit to the building. Additionally, The Homer Building's dual core design and flexible floor plates allow it to accommodate a wide range of suite sizes that respond to Clients' changing needs. The property also features efficient space configuration options with a high ratio of window lines. Internal windows offer impressive views of the 12 story full-height atrium with a grand staircase and terrace opposite the entrance...
Theo Slagle and Timothy McCarthy of Cushman & Wakefield represented the confidential corporate Client. Brooks Hunt and Nate Krill of Avison Young represented ITC Holdings. Susan Thomas of Cushman & Wakefield and Brittany Kalkstein of Studley represented Brown Rudnick LLP. Jamie Blue represented Banana Republic, in house. Wil Pace and Greg Tomasso of Akridge represented Mitsui Fudosan America in these transactions.Homer Building Welcomes ITC Holdings, The Nation's Largest Independent Electricity Transmission Company
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